The number of cars sold by 20 salespeople in one week are recorded in the chart below
1 answer:
You might be interested in
Answer:
The most appropriate value of the critical value is 2.289.
Step-by-step explanation:
We are given that a researcher takes a random sample of 41 bulbs and determines that the mean consumption is 1.3 watts per hour with a standard deviation of 0.7.
We have to find that when constructing a 97% confidence interval, which would be the most appropriate value of the critical value.
Firstly, as we know that the test statistics that would be used here is t-test statistics because we don't know about the population standard deviation.
So, for finding the critical value we will look for t table at (41 - 1 = 40) degrees of freedom at the level of significance will be .
Now, as we can see that in the t table the critical values for P = 1.5% are not given, so we will interpolate between P = 2.5% and P = 1%, i.e;
So, the critical value at a 1.5% significance level is 2.289.
Answer:
Step-by-step explanation:
Ill try to break this down, simply:
When we talk about percentages we are talking about how much part of something we have and the percent sign is a just a symbol representing that.
Lets say we have 2 out of 10 apples and we need to convert this to a percentage
First think about how many apples we have in total... and that would be 10, and then how many apples we currently have being 2:
So if we put the part that we have over the whole thing we get:
So now lets turn this into a decimal, when its something over 10 its really easy, all we have to do is move the decimal back one place!
So we have 2 and if we move the decimal back one place we get .2 or 0.2
Now we have our decimal, to convert this into a percentage all we have to do is multiply our decimal by 100
So:
0.2 x 100 = 20%
All you do when you multiply by 100 is move the decimal back over 2 places one place for each zero so:
0.2 --> 2. --> 20.
Which gives us again 20%